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by lxcid
3365 days ago
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I'm not well verse in economy but I believe much of what US is today is built on being the global dependency. It's like the JQuery of everyone's economy: too big to fail. After Trump inarguration, the world got a shock at what a hell of a dependency they got themselves into (bigger shock than 2008). It's like the leftpad fiasco all over again. Any sane politician would by now understand the need to reduce dependency on America. Everyone else are planning a Dodd Frank fix for their economy. US will really suffer a crisis if the world stop depending on it, if they can afford to ignore America. After TPP was canned, and Trump protectionism approach, that dependency is surely weaken. If you think about it, China is not even trying to complain about US anymore. That's because they got what they wanted. But US had a nuclear arsenal, its better for the world if we had this dependency. Trade and economy have kept peace for so long, I hope I don't see an end to this peace. |
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